highflying

Or high-fly·ing

[hahy-flahy-ing]

adjective

1. moving upward to or along at a considerable height.

   highflying planes.

2. extravagant or extreme in aims, opinions, etc.; unduly lofty.

   highflying ideas about life.

3. having a high cost or perceived value.

   the highflying glamour stocks.

Word History and Origins

Origin of highflying¹

First recorded in 1575–85; high + flying

Example Sentences

While the stock-market selloff is putting the traditional year-end rally in doubt, some market analysts said a 5% pullback would be normal and technically overdue given highflying valuations of technology stocks.

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Higher longer-duration borrowing rates, however, could keep the housing market on ice, stifle returns in the highflying tech sector and potentially point to a slowing labor market, plus a toxic brew of inflation.

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Another factor could simply be investors booking gains on winning trades, especially with several highflying tech names still up dramatically since the April tariff shock.

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Bitcoin’s weakness, coupled with a selloff in highflying momentum plays in the stock market, has sparked concerns about whether investor appetite for these trades might be waning.

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Both stocks have tumbled over the past year as investors become cautious of their highflying valuations.

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